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Oct 7, 2013
10/13
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negotiateobama could on different concessions to raise the debt ceiling. democrats do not think it would happen. you could see both sides give a little or a lot on taxes and spending cuts. ande hit the debt ceiling watch to see what happens with the markets. >> that would be the worst-case scenario affecting everyone. hallie jackson, thank you. >> the shutdown is bring some business to baltimore attractions. people want to read book school trips because of closures in washington, d.c. same story at the national aquarium. fins. to see some new 1700 animals will be moved because the d.c. acquire him closed due to construction. was seriously injured this weekend. kim dacey has the details. how is she doing? istrooper jacqueline kline listed in critical condition. her family and fellow troopers are with her as she recovers from multiple injuries. debris litters route 100 in anne arundel county. investigators say that is where trooper jacqueline kline was early sunday morning. she was helping a fellow trooper when a car drove by and hit her. she landed in a nea
negotiateobama could on different concessions to raise the debt ceiling. democrats do not think it would happen. you could see both sides give a little or a lot on taxes and spending cuts. ande hit the debt ceiling watch to see what happens with the markets. >> that would be the worst-case scenario affecting everyone. hallie jackson, thank you. >> the shutdown is bring some business to baltimore attractions. people want to read book school trips because of closures in washington,...
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and then the debt ceiling. democrats won permission to spend more money in march. congress has the constitutional authority to set our debt ceiling and has agreed to raise it. tch for a big fight as republicans try to institute some sort of iscal sense that democrats resist. the big events, but there is another one that happened today that congress didnot pass a resolution to recognize that happened. you probably already know about it. the payroll tax has expired, and if you et your first paycheck today says the fiscal cliff, well, watch out. you may be shocked by then nearly 50% increase in the tax. the social security withholding tax reset. for middle-class american familiesearning $50,000, that means at least in $800,000 tax hike, maybe as much as a thousand bucks. if this is the first shot of about, it's not going over too well. here's what people are saying on twitter. if you're asking why my pacheck is less this week,is because you got what you asked for. on it. why is my pacheck bless thi we? because obama loves to penalize the makers and ristribute to the t
and then the debt ceiling. democrats won permission to spend more money in march. congress has the constitutional authority to set our debt ceiling and has agreed to raise it. tch for a big fight as republicans try to institute some sort of iscal sense that democrats resist. the big events, but there is another one that happened today that congress didnot pass a resolution to recognize that happened. you probably already know about it. the payroll tax has expired, and if you et your first...
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Oct 12, 2013
10/13
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the debt ceiling, but they chose to do this because they wanted to demonstrate their depth of passion and because obama care uniquely is something that excites the base on the republican side. >> matt welsh, thanks so much. have a great weekend. we will be right back with click three. (dad) just feather it out. that's right. (son) ok. feather it out. (dad) all right. that's ok. (dad) put it in second, put it in second. (dad) slow it down. put the clutch in, break it, break it. (dad) just like i showed you. dad, you didn't show me, you showed him. dad, he's gonna wreck the car! (dad) he's not gonna wreck the car. (dad) no fighting in the road, please. (dad) put your blinker on. (son) you didn't even give me a chance! (dad) ok. (mom vo) we got the new subaru because nothing could break our old one. (dad) ok. (son) what the heck? let go of my seat! (mom vo) i hope the same goes for my husband. (dad) you guys are doing a great job. seriously. (announcer) love a car that lasts. love. it's what makes a subaru, a subaru. at any minute... ...you could be a victim of fraud. most people don't e
the debt ceiling, but they chose to do this because they wanted to demonstrate their depth of passion and because obama care uniquely is something that excites the base on the republican side. >> matt welsh, thanks so much. have a great weekend. we will be right back with click three. (dad) just feather it out. that's right. (son) ok. feather it out. (dad) all right. that's ok. (dad) put it in second, put it in second. (dad) slow it down. put the clutch in, break it, break it. (dad) just...
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Oct 4, 2013
10/13
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CNNW
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ceiling and dealing with democrats and talking about no strings attached on a debt ceiling deal. what are you hearing today? >> i had certainly did not expect him to say publicly or privately that he would be willing to deal with a debt ceiling or allow the congress to pass a rising in the debt ceiling with no strings attached. in fact, what i've been told is that his conversations behind the scenes has been more about questions of how they could negotiate with the white house on some of the things they were talking about months ago, in some cases even years ago, dealing with entitlement reform, dealing with tax reform, things that don't have to do with obama care but do have to do with issues that republicans have been striving for and maybe could sort of extract from the white house as part of a deal to raise the debt ceiling. however, the white house has been very clear harry reid, the senate majority leader, has been very clear, they're not going to negotiate at all. part of the problem, frankly, for john boehner, is that he has said publicly, and i'm guessing he will say it
ceiling and dealing with democrats and talking about no strings attached on a debt ceiling deal. what are you hearing today? >> i had certainly did not expect him to say publicly or privately that he would be willing to deal with a debt ceiling or allow the congress to pass a rising in the debt ceiling with no strings attached. in fact, what i've been told is that his conversations behind the scenes has been more about questions of how they could negotiate with the white house on some of...
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Oct 2, 2013
10/13
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will default on its debts by mid-october unless congress raises the debt ceiling. democratic leaders are saying the issues are intertwined at this point and that could mean this should dan will drag on not just days but perhaps for weeks. >> that is not good news. thank you. with thousands of federal off, the businesses surrounding them seem to be suffering as well. lowell melser is live in woodlawn. >> thousands of federal workers at the social security administration in woodlawn have entered their second day of being furloughed and while they are not being paid, area small businesses are not making money as well as they rely on these federal employees for a majority of their business. on the flipside of that, we did find some small businesses who were trying to make things easier for those for load. almost two days into the government shut down and small businesses all over maryland are starting to feel the effects. businesse a slow today. >> at this independently owned dock and on its on security the street from the social security administration, business is wa
will default on its debts by mid-october unless congress raises the debt ceiling. democratic leaders are saying the issues are intertwined at this point and that could mean this should dan will drag on not just days but perhaps for weeks. >> that is not good news. thank you. with thousands of federal off, the businesses surrounding them seem to be suffering as well. lowell melser is live in woodlawn. >> thousands of federal workers at the social security administration in woodlawn...
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Oct 9, 2013
10/13
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democrats must agree to spending cuts. >> we can't raise the debt ceiling without doing something about what's driving us to borrow more money and to live beyond our means. >> reporter: the treasury department says it will run out of money to pay its bills on october 17. susan mcginnis, cbs news, washington. >>> the international monetary fund issued a warning to a u.s. default on its loans would push the country back into a recession and hurt the global economy. >>> the district has remained open throughout the shutdown but it can't afford to for much longer. mayor gray is demanding to meet with president barack obama and congressional leaders about the shutdown. the d.c. council approved legislation allowing the city to use emergency reserve funds to pay municipal employees but the mayor told wusa that it would only last for seven to ten days. >>> it's going to be kind of hard to end the shutdown with some of the lawmakers in jail. at least eight congressional democrats were arrested yesterday after an immigration sit-in
democrats must agree to spending cuts. >> we can't raise the debt ceiling without doing something about what's driving us to borrow more money and to live beyond our means. >> reporter: the treasury department says it will run out of money to pay its bills on october 17. susan mcginnis, cbs news, washington. >>> the international monetary fund issued a warning to a u.s. default on its loans would push the country back into a recession and hurt the global economy....
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Jan 1, 2013
01/13
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we'll get to spending cut in february when we try to increase the debt ceiling. democrats want an automatic increase. others are saying i'm not going to spending for u.i. insurance. i don't like the patch for unemployment insurance or patch for the sequester. is no longer a difference on substance. >> behind this. cantor look at the bill, came out and said he was against the bill. he washingtoned in the second conference meeting shoulder to shoulder with john boehner show of solidarity publicly but said he was against the bill because of the spending cuts. back drama. thursday is the re-election of speaker boehner and the new congress. >> it's possible this is the prelude to a channel thursday. it would be naked to do it. there are conservative in the republican caucus in the house who hate the bill. for good reason. this is a complete surrender on everything. the ratio of tax cut. or tax hike to spending cut is 40 to 1, rather than 1 to 1 or 1 to 2 or 1 to 3. a complete rout by the democrats. so it's understandable. i think what is likely to happen is that the l
we'll get to spending cut in february when we try to increase the debt ceiling. democrats want an automatic increase. others are saying i'm not going to spending for u.i. insurance. i don't like the patch for unemployment insurance or patch for the sequester. is no longer a difference on substance. >> behind this. cantor look at the bill, came out and said he was against the bill. he washingtoned in the second conference meeting shoulder to shoulder with john boehner show of solidarity...
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Oct 7, 2013
10/13
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if both republicans and democrats feel like and agree it is a bad idea to not raise the debt ceiling then how is it a concession to raise the debt ceiling? >> simply it's the trigger mechanissm for the discussion. the president hasn't told us. we're ten days out. he's not put proposal on the table what to do so congress can figure it out. really? executive branch absent from the discussion when they are who actually spends the money. we should sit down. the president has actually got proposals in his own budget i would support. they are not easy to do. change cpi and means testing for medicare and other things like that. pretty tough medicine he's recommended that i would vote for. again, right now he wants a debt ceiling increase before there's even a discussion. seems to me that's a nonstarter. >> congressman, i'm going to open this up to our panel in new york here, jake and joy. it's hard for me to understand if this is a negotiation, what the democrats are asking for is something republicans agree must have it. >> most agree. there's that national journal piece today some republi
if both republicans and democrats feel like and agree it is a bad idea to not raise the debt ceiling then how is it a concession to raise the debt ceiling? >> simply it's the trigger mechanissm for the discussion. the president hasn't told us. we're ten days out. he's not put proposal on the table what to do so congress can figure it out. really? executive branch absent from the discussion when they are who actually spends the money. we should sit down. the president has actually got...
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Jan 9, 2013
01/13
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the >> reporter: the battle over raising the debt ceiling, house democrats urge president obama to use authority the white house believes he does not have. >> congress has the responsibility and sole authority to raise debt ceiling. >> 20 house democrats sent a letter to the president about house republicans withholding support without the spending cuts and they won in the event they follow through on this reckless threat we support the use of 14th amendment. the 14th amendment says the validity of the public debt shall not be questioned. leader of the house democrats urged the white house to ignore congress in this case. >> i would do in a second. i'm not the president of the united states. >> the house republican leadership aide says democrats refuse to responsibly address the spending problem and rather than offer solutions they choose to advocate their responsibility. speaker boehner and the house g.o.p. leadership team said the debt limit must be accompanied by reform in greater amount. >> we need spending cut and real tax reform to address the long-term debt problem and pave the
the >> reporter: the battle over raising the debt ceiling, house democrats urge president obama to use authority the white house believes he does not have. >> congress has the responsibility and sole authority to raise debt ceiling. >> 20 house democrats sent a letter to the president about house republicans withholding support without the spending cuts and they won in the event they follow through on this reckless threat we support the use of 14th amendment. the 14th...
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Oct 9, 2013
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senator boehner also wants it to deal with debt ceiling budgets. and democrats are expected to blame republicans. the president is expected to reiterate that fact this afternoon. this morning we heard the some thank from harry reid. >> let's reopen the government. speaker boehner could end this shutdown today, an hour from now, by letting the house -- entire house vote on senate's clean bill. when the speaker is on national tv and other places saying we don't have the votes, he will never know that. because he won't let the matter come to the floor. of course it has enough votes. there is no reason to drag out this process and force the nation's economy ever closer to a catastrophic default. >> reporter: what would have to take place is that speaker boehner would have to set aside the rule that says there has to be the majority of republicans to bring a bill to the floor. meanwhile we are seeing poll results indicating while the republicans and democrats are both being blamed, the republicans are getting a little bit more from it. the polls shows t
senator boehner also wants it to deal with debt ceiling budgets. and democrats are expected to blame republicans. the president is expected to reiterate that fact this afternoon. this morning we heard the some thank from harry reid. >> let's reopen the government. speaker boehner could end this shutdown today, an hour from now, by letting the house -- entire house vote on senate's clean bill. when the speaker is on national tv and other places saying we don't have the votes, he will never...
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Jan 12, 2013
01/13
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a new way to avoid the debt ceiling. hear what senate democrats are telling the president to do today. >>> fighting the flu. the illness has now reached epidemic levels in the u.s. is it slowing down? >>> signature moment. how comics are taking on jacob lew's unique, to say the least, scrawl of his name. good morning, everyone. welcome to "weekends with alex witt." what's happening out there. after meeting with the president of afghanistan, president obama sharing new details this morning on how he plans to end the u.s. involvement there. >> this remains a very difficult mission, the work ahead will not be easy. our forces are still in harm's way. but make no mistake, our path is clear, and we are moving forward. because after a decade of war, the nation we need to rebuild is our own. >> kristen welker is at the white house. a very good start morning to you. let's talk about the details that the president revealed about the future role of the u.s. in afghanistan. >> good morning to you, alex. the big headline that came o
a new way to avoid the debt ceiling. hear what senate democrats are telling the president to do today. >>> fighting the flu. the illness has now reached epidemic levels in the u.s. is it slowing down? >>> signature moment. how comics are taking on jacob lew's unique, to say the least, scrawl of his name. good morning, everyone. welcome to "weekends with alex witt." what's happening out there. after meeting with the president of afghanistan, president obama sharing...
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Oct 10, 2013
10/13
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a clean debt ceiling. democrats are not so sure. they haven't seen the language of it. but a debt ceiling that doesn't have the spending cuts and other strings attached that? conservatives have been demanding. in exchange for that what they wanted him to agree to was to sit down and talk about the big issues they have to the come together on frankly for two, three years. big, big issues that everybody believes need to be addressed, but they have very different philosophies on how to do so with regard to entitlements, with regard to taxes, with regard to the overall level of government spending. those are the things they wanted to discuss with the president. you know, again, as you and i have talked about so many times over the past ten days or more, we still have a potential chicken or egg situation, which is the best way to describe this. jim just played a quick sound bite from the senate majority leader harry reid, who said it's not going to happened, when asked if they would agree to extend the debt cei
a clean debt ceiling. democrats are not so sure. they haven't seen the language of it. but a debt ceiling that doesn't have the spending cuts and other strings attached that? conservatives have been demanding. in exchange for that what they wanted him to agree to was to sit down and talk about the big issues they have to the come together on frankly for two, three years. big, big issues that everybody believes need to be addressed, but they have very different philosophies on how to do so with...
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Oct 3, 2013
10/13
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resolution without the debt ceiling. the two are now inseparabley linked. there will have to be a agreeable resolution. >> they are different? >> they are completely different, but john, you are not going to have one without the other because, now, they both have to do with spending. they both have to do with budgeting. and i think that the they are different. politically it's important funding the federal government to open up offices and send federal workers back to work the debt ceiling, if it was six months apart, i would agree with you. now, the legitimate is going to be used for both sides to try to make a global deal. maybe this is a good exit strategy for republicans. maybe we give them a clean cr with -- and then deal with the debt ceiling in getting the cuts, the real severe cuts we need to reduce our obligation and our debt, not only current debt but our future debt. >> there has been a lot of talk about the divide in the republican party. what has this shutdown done to the party, itself? >> well, i think we h
resolution without the debt ceiling. the two are now inseparabley linked. there will have to be a agreeable resolution. >> they are different? >> they are completely different, but john, you are not going to have one without the other because, now, they both have to do with spending. they both have to do with budgeting. and i think that the they are different. politically it's important funding the federal government to open up offices and send federal workers back to work the debt...
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fears over the looming debt ceiling are rising. just moments ago president obama urged speaker john boehner to hold a vote on a senate democratic plan to raise the debt cap. susan mcged innes has the latest from washington. >> reporter: house republicans will meet behind closed doors this morning to strategize about how they will handle the government shutdown and the looming debt ceiling crisis. >> over the last 10 days we've been through quite a bit. >> reporter: house speaker john boehner says the president has the power to end the stalemate. >> the president's refusal to negotiate is hurting our economy and putting our country at risk. >> reporter: but the president says only congress can approve funding bills. and is calling on boehner to allow a vote on a no strings attached bill the president believes has enough support to pass. >> the reason that speaker boehner hasn't called a vote on it is he apparently doesn't want to see the shutdown end at the moment. >> reporter: it's not just the shutdown they are debating. the gover
fears over the looming debt ceiling are rising. just moments ago president obama urged speaker john boehner to hold a vote on a senate democratic plan to raise the debt cap. susan mcged innes has the latest from washington. >> reporter: house republicans will meet behind closed doors this morning to strategize about how they will handle the government shutdown and the looming debt ceiling crisis. >> over the last 10 days we've been through quite a bit. >> reporter: house...
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Oct 8, 2013
10/13
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increase in order to avoid hitting the debt ceiling. but the white house is indicating it may be taupe a short-term hike to avoid going over that cliff. >> let's hope they can hammer something out, susan mcginnis in washington, thanks. >>> a houston couple is donating $10 million to head start to keep it running during the government shutdown. the pre-kindergarten money says the money from donald and lawyer arnold will help 7,000 families. others aren't as lucky as michelle miller found out. >> wee! >> reporter: it's been a week since danielle smith told parents at the george p. pitkin learning center that the center was closed. the government shut down before it sent grant money to connecticut. >> what did your family say? >> i had parents tell me i'm going to lose my job if i don't have child care, i can't go to work. he were asking for help and i couldn't help them. >> reporter: 300 students have been affected here. it's also cost danielle smith her job as a family counselor. how long could you last? >> i don't know. i'm struggling.
increase in order to avoid hitting the debt ceiling. but the white house is indicating it may be taupe a short-term hike to avoid going over that cliff. >> let's hope they can hammer something out, susan mcginnis in washington, thanks. >>> a houston couple is donating $10 million to head start to keep it running during the government shutdown. the pre-kindergarten money says the money from donald and lawyer arnold will help 7,000 families. others aren't as lucky as michelle...
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Oct 11, 2013
10/13
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what the democrats the is a long-term lifting of the debt ceiling. something to get them into 2014. and president obama has agreed tore short-term so negotiations can take place, and we have disagreement among the democrats. >> it seems that they're trying to tone down the rhetoric, but not everyone. here's what senator ted cruz said today. >> this is not a typical time. the challenges facing this country are unlike any we have ever seen. you look at our constitution and bill of rights, this is an administration that is bound and determined to violate every single one of our bill of rights. >> do cruz and other tea party members have to scuttle the deal with the white house? >> certainly not with the senate. we saw senator cruz last week try to do that with a so-called clean resolution to reopen the government. and he was not allowed to filibuster. that bill was passed by the senate and if speaker boehner was to bring it up to the vote, most think that the government would reopen, but however, they are the true believers, and they are the conservatives among the conservatives and fo
what the democrats the is a long-term lifting of the debt ceiling. something to get them into 2014. and president obama has agreed tore short-term so negotiations can take place, and we have disagreement among the democrats. >> it seems that they're trying to tone down the rhetoric, but not everyone. here's what senator ted cruz said today. >> this is not a typical time. the challenges facing this country are unlike any we have ever seen. you look at our constitution and bill of...
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Oct 9, 2013
10/13
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democrats in the senate, meanwhile, moving forward with a clean debt ceiling increase and looking to shore up republican support to bypass a filibuster. the deal would raise the debt ceiling through december 2014. >>> the bodies of four soldiers who made the ultimate sacrifice this weekend in afghanistan will arrive at dover air force base later today. the family of sergeant patrick hawkins and the others will have to pay their own way to delaware and pay out of their own pockets for their funerals. that's because the pentagon says it is unable to pay out death benefits because of the shutdown. that means any service member killed since october 1st will not receive the automatic $100,000 that is usually paid to families within 36 hours of a death for funeral costs. it's an issue that has led to outrage on both sides of the aisle. >> it's shameful and embarrassing that america could fail the families of our fallen heroes. appalling, frightening. >> i don't care who it is or how it's shaped, but let's sit down and get out of this so that these families whose loved ones just died, just
democrats in the senate, meanwhile, moving forward with a clean debt ceiling increase and looking to shore up republican support to bypass a filibuster. the deal would raise the debt ceiling through december 2014. >>> the bodies of four soldiers who made the ultimate sacrifice this weekend in afghanistan will arrive at dover air force base later today. the family of sergeant patrick hawkins and the others will have to pay their own way to delaware and pay out of their own pockets for...
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Oct 9, 2013
10/13
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democrats, especially senate majority leader harry reid, had wanted a debt ceiling raise that would last beyond the next election to get us through the end of 2014. so the president has given ground on that. certainly republicans are aware that that is a -- for the democrats at least a significant opening and possibly an opening for them. you heard the public war words from house speaker john boehner saying that there is not going to be any deal, but on the other hand, the president keeps saying he's willing to negotiate. let me give you a quote. he says to them, extends the debt ceiling. if they can't do it for a long time, do it for a period of time during which negotiations take place. then the president went on to say something rather unusual. they can attach some process to that that gives them certainty that, in fact, the things they're concerned about will be topics of negotiation, and here are the keywords. if my word is not good enough. so in a town that has for generations operated on handshakes, the president is suggesting that maybe the opposite party won't believe him, and h
democrats, especially senate majority leader harry reid, had wanted a debt ceiling raise that would last beyond the next election to get us through the end of 2014. so the president has given ground on that. certainly republicans are aware that that is a -- for the democrats at least a significant opening and possibly an opening for them. you heard the public war words from house speaker john boehner saying that there is not going to be any deal, but on the other hand, the president keeps...
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the senate democratic leadership will try to bring up a clean debt ceiling bill. it looks like at this point, probably no republicans are going to support them. that means it's going to be a party-line vote. 54 democrats likely maximum are going to vote for this. and so that may put the pressure more on democrats, frankly. the democratic-led senate will be able to say they have the majority but not enough 60 votes to break a filibuster. it might put the pressure on the democrats to give a little bit on their line in the sand. >> where is the give room? what should, grover, the white house should give on? assuming -- are you talking about obama care or debt reduction? >> there are a couple of places. it is unlikely to move on obama care. what could happen is a trade. the democrats don't like the sequester. it is squeezing their interest groups. they would like to spend more this year. the republicans want to solve the long term problem of entitlements. we could trade and this is what boehner and others have been putting forward reduce the long term overspending in
the senate democratic leadership will try to bring up a clean debt ceiling bill. it looks like at this point, probably no republicans are going to support them. that means it's going to be a party-line vote. 54 democrats likely maximum are going to vote for this. and so that may put the pressure more on democrats, frankly. the democratic-led senate will be able to say they have the majority but not enough 60 votes to break a filibuster. it might put the pressure on the democrats to give a...
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to 1978, it was house democrats who took the debt limit right to within eight hours of when it was going to go up. this has happened a fair number of times. >> is 24 what we're seeing demands in exchange for raising the debt limit? >> i think you're right when you say we misnamed this, this is not about paying off the debt in time, it's about whether we are going to pay our bills once we have incurred them. the house republicans krug mr. rible voted for an increase in the public debt of this fiscal year of $824 billion dollars up from where it is now. we couldn't add that to the debt limit. he's voted for the policy that he thinks is appropriate. but now he wants to play games with the debt limit and see if he can get a deal out of it. >> let me reiterate that just so folks understand what you just said. when the house republican caucus voted unanimously for the latest iteration of the ryan budget. they were voting for a budget that would increase the amount of debt by almost a trillion dollars. >> that's correct. that's correct. so if we would just say, all right, you already voted to t
to 1978, it was house democrats who took the debt limit right to within eight hours of when it was going to go up. this has happened a fair number of times. >> is 24 what we're seeing demands in exchange for raising the debt limit? >> i think you're right when you say we misnamed this, this is not about paying off the debt in time, it's about whether we are going to pay our bills once we have incurred them. the house republicans krug mr. rible voted for an increase in the public...
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Oct 10, 2013
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i was amazed this was the size of the debt ceiling ledger the democrats seemed to care about. think about it. you imagine less sympathetic characters than the gangster bankers who took the bailout, lined their pockets and aren't in jail. don't we actually want to stiff those guys? [ buzzer ] or how about the chinese? those rap patients capitalist communists who steal our jobs, kploout pollute our skies? don't we want them to come here big hat in hand and say sorry, better luck next time it? was a nightmare pitch for the democrats. i couldn't believe it. it was terrific fodder for tea party, for that whole wing of the gop because these two bond holding constituent groups are so hated. the tea party was killing not one, not two, but three dirty with one stone. big blow to government, chinese robbers and wealthy wall street scofflaws led by jamie dimon, two of the richest people in the world. in the last 48 hours we had a total change in the discourse. the democrats no longer worried about the sanctity of the bond market who use goldman sachs to lord over our poor little nation.
i was amazed this was the size of the debt ceiling ledger the democrats seemed to care about. think about it. you imagine less sympathetic characters than the gangster bankers who took the bailout, lined their pockets and aren't in jail. don't we actually want to stiff those guys? [ buzzer ] or how about the chinese? those rap patients capitalist communists who steal our jobs, kploout pollute our skies? don't we want them to come here big hat in hand and say sorry, better luck next time it? was...
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ceiling and the deficit. 113th congress takes its oath this afternoon with 56 new democrats, 38 new republicans and a record number of women. the youngest, hawaii yaes kelsey gabbert, a 31-year-old iraq war vet and the first hindu ever elected. john boehner is expected to be relegislated speaker today but 17 conservatives could derail that. he's already announced the first order of business a vote friday to provide billions to victims of superstorm sandy. >> the bottom line is between friday morning and january 15th, those two votes will bring in $60 billion that's absolutely necessary for new york, new jersey and connecticut. >> reporter: also tops on their agenda, raising the debt ceiling so america can borrow more to pay its bills. republicans will imsift on cutting spending first. >> the president is addicted to spending. he wants to spend. he wants a new credit card after he's maxed out the last one. >> president thinks he's not going to negotiate. he better think again. he's president of the united states. >> reporter: the last time congress got over the debt ceiling the u.s.
ceiling and the deficit. 113th congress takes its oath this afternoon with 56 new democrats, 38 new republicans and a record number of women. the youngest, hawaii yaes kelsey gabbert, a 31-year-old iraq war vet and the first hindu ever elected. john boehner is expected to be relegislated speaker today but 17 conservatives could derail that. he's already announced the first order of business a vote friday to provide billions to victims of superstorm sandy. >> the bottom line is between...
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Jan 16, 2013
01/13
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but joining me now is one of the sponsors of the bill to repeal the debt ceiling altogether, democratic congressman from vermont and a member of the committee on house oversight and government reform, representative peter welch. sir, thank you so much for joining us tonight. >> good to be with you. >> john: right on. let me ask you just for starters, why does the debt ceiling exist in the first place. does it serve any function? >> it doesn't. essentially, the one function it does serve is members of congress can be hypocritical. they can vote for spending. and then pretend a year later when the bill comes due that they don't have to pay for it. and berate the excessive spending. it is really a tool for constant and unrelenting hypocrisy by congress. if we pass a budget, when we do that's what affects the debt ceiling. if you pass a budget and there's a trillion dollars that will be spent on iraq and you have no way to pay for it, the debt becomes due and you've got to pay that bill. so the debt ceiling has been abused frankly by both parties but in the past, it has been about hypocrisy
but joining me now is one of the sponsors of the bill to repeal the debt ceiling altogether, democratic congressman from vermont and a member of the committee on house oversight and government reform, representative peter welch. sir, thank you so much for joining us tonight. >> good to be with you. >> john: right on. let me ask you just for starters, why does the debt ceiling exist in the first place. does it serve any function? >> it doesn't. essentially, the one function it...
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Jan 24, 2013
01/13
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. >> reporter: the debt ceiling suspension came with a couple strings attached. if senate democrats don't pass a budget-- something they haven't done for four years-- members of congress won't get paid until they do. >> this bill simply says, "congress, do your job." when i grew up in wisconsin, if you had a job and you did the work, then you got paid. if you didn't do the work, you didn't get paid. it's that simple. >> house democrats called the pay ploy a gimmicknd saia 90 day reprieve from default simply moves the crisis back. >> for the last two years, we've heard from our republican colleagues economic uncertainty is bad for the economy. guess what? it is. and yet that's exactly what you are doing. another big dose of economic uncertainty. >> reporter: republicans shifted gears on the debt ceiling after a strategy session last week. worried that they have lost the public debate, republicans were clearly trying out a new message tod. >> balancing the budget over the next ten years means we save the future for our kids and our grandkids. it also means that we
. >> reporter: the debt ceiling suspension came with a couple strings attached. if senate democrats don't pass a budget-- something they haven't done for four years-- members of congress won't get paid until they do. >> this bill simply says, "congress, do your job." when i grew up in wisconsin, if you had a job and you did the work, then you got paid. if you didn't do the work, you didn't get paid. it's that simple. >> house democrats called the pay ploy a gimmicknd...
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Jan 3, 2013
01/13
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something a given. 26 times this debt ceiling has been lifted under democrats and republican presidents. this should not be an issue. the debt ceiling should be raised period. we have to pay our bills. and eliot you know the president under the constitution, i believe it's the 14th amendment has the authority to raise the debt ceiling any way. this should not be on the table. we should go on and the wednesday andrepublicans and democrats should come together and raise the debt ceiling. >> eliot: you're right it should not be but i fear it will about because last year where we had a similar situation where one could acknowledge as fair compromise, nonetheless shortly thereafter john boehner did what i think he's going to do in the next two months which is to say now you got a debt ceiling you got to raise. you're not going to let the nation default therefore you will concede to us all the cuts that we withstood in this negotiation, now he's going to have us in a toughing negotiating posture. while you're right it shouldn't be an issue but i'm afraid it will be. maybe we should have waite
something a given. 26 times this debt ceiling has been lifted under democrats and republican presidents. this should not be an issue. the debt ceiling should be raised period. we have to pay our bills. and eliot you know the president under the constitution, i believe it's the 14th amendment has the authority to raise the debt ceiling any way. this should not be on the table. we should go on and the wednesday andrepublicans and democrats should come together and raise the debt ceiling. >>...
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Oct 10, 2013
10/13
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the deal to temporarily raise the debt ceiling in exchange for talks with the white house and democrats on tax reform and other measures. ♪ [ male announcer ] let's go places. but let's be ready. ♪ let's do our homework. ♪ let's look out for each other. let's look both ways before crossing. ♪ let's remember what's important. let's be optimistic. but just in case -- let's be ready. toyota. let's go places, safely. to prove to you that aleve is the better choice for her, she's agreed to give it up. that's today? [ male announcer ] we'll be with her all day to see how it goes. [ claira ] after the deliveries, i was okay. now the ciabatta is done and the pain is starting again. more pills? seriously? seriously. [ groans ] all these stops to take more pills can be a pain. can i get my aleve back? ♪ for my pain, i want my aleve. [ male announcer ] look for the easy-open red arthritis cap. >>> all right. as we await the white house briefing, we're going to end the hour with a quick look at the effects the shoutdown has had, hundreds of thousands of federal workers still on furlough,
the deal to temporarily raise the debt ceiling in exchange for talks with the white house and democrats on tax reform and other measures. ♪ [ male announcer ] let's go places. but let's be ready. ♪ let's do our homework. ♪ let's look out for each other. let's look both ways before crossing. ♪ let's remember what's important. let's be optimistic. but just in case -- let's be ready. toyota. let's go places, safely. to prove to you that aleve is the better choice for her, she's agreed to...
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lou: but if there is any more of the irresponsible nonsense over a debt ceiling, independence and democrats and many conservatives will be disenchanted with the republican party. i think you have to began kid and say, -- candid and say that american party is clean to political relevance right now, and you are. talk about a cliff. you are looking at a deep, deep kassem that wastes a republican party if you continue to disregard results of elections and think thank you play politics at level that you know, for example, of 2011. that is a very dangerous course for the nation, and a dangerous course for the republican party, isn't it? >> here is the challenge, in many ways the rhetoric of over played. in 2010 with a groundswell election that swept out democrats from control, the main tate was make it stop, they saw dodd-frank, and obamacare, and regulations accelerated. one mandate, stop it. but there was not a mandate to say and do this. it was make it stop. so the challenge for republicans were, we spend 18 months saying stop it. not enough time saying and this is the right solution, we have
lou: but if there is any more of the irresponsible nonsense over a debt ceiling, independence and democrats and many conservatives will be disenchanted with the republican party. i think you have to began kid and say, -- candid and say that american party is clean to political relevance right now, and you are. talk about a cliff. you are looking at a deep, deep kassem that wastes a republican party if you continue to disregard results of elections and think thank you play politics at level that...
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nine days until we hit the debt ceiling. senate democrats are set to introduce a bill to increase the borrowing limit. president obama and house speaker john boehner remain divided over whether there's support in the house to re-open the government. a new cnn/orc poll show 63% of people blame the republicans while 57% blame democrats. >>> more saber rattling from north korea. wrong ka pyongyang putting its military on high alert. the u.s. moved a group of ships into a south korean port. >>> the atf preventing the publication of a new book about the failed fast and furious operation. the program allowed 2,000 guns to cross into mexico, then lost track of hundreds of them. at least one of those guns was linked to the death of this man, border agent brian terry. now officials say federal agent and whistle-blower john dodson's account of the program is bad for morale. he'll join us later this morning at 8:20 eastern. >>> a court hearing today to decide what exactly to do with a 9-year-old runaway who slipped past security and bo
nine days until we hit the debt ceiling. senate democrats are set to introduce a bill to increase the borrowing limit. president obama and house speaker john boehner remain divided over whether there's support in the house to re-open the government. a new cnn/orc poll show 63% of people blame the republicans while 57% blame democrats. >>> more saber rattling from north korea. wrong ka pyongyang putting its military on high alert. the u.s. moved a group of ships into a south korean...
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Oct 4, 2013
10/13
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MSNBC
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he would, if necessary, pass a measure that raised the debt ceiling with democratic votes. remember, he did that with the fiscal cliff deal. he did it with sandy relief, hurricane sandy relief, the violence against women reauthorization. he's done it before. i think him signaling he would do it again is a very clear sign to the white house and senate democrats he wants some sort of deal. now the question is can he gets one that gives boehner enough credibility to go back to his conference and say, see, i got this. >> is there enough republican support, moderate republican support to try to give him the the backing that he needs to put something on the floor? >> you know, i think there would be, andrea. i think he can put it on the floor. the concern, a lot of people say, look, he can hold a vote now on clean continuing resolution. that is technically true. you have 20 republican members in support of it with what we would expect the 200 block of democrats in support of it. that would be enough of a majority and it would go right to the president. what john boehner doesn't w
he would, if necessary, pass a measure that raised the debt ceiling with democratic votes. remember, he did that with the fiscal cliff deal. he did it with sandy relief, hurricane sandy relief, the violence against women reauthorization. he's done it before. i think him signaling he would do it again is a very clear sign to the white house and senate democrats he wants some sort of deal. now the question is can he gets one that gives boehner enough credibility to go back to his conference and...